3 bed Flat (for sale) The Lock Building, 41 Whitworth Street West, Manchester M1

£425,000
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Yieldit
Quay West at Media City UK, Trafford Wharf Road, Salford Quays
0161 506 9203
First Published

19th Jun 2018

Last Published

17th Jul 2018

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

This penthouse apartment compromises of three bedrooms located on the 10th floor one with an en-suite; a large family bathroom with Jacuzzi bath and separate shower; two storage rooms in the hallway; utility room for washing machine; stairway leading to the 11th floor.

Leading up the stairs to the 11th floor compromises of a large open plan living room with floor to ceiling windows over looking the water; balcony looking to the city centre and over the water; fully fitted kitchen with appliances included; a spacious dining room which leads to the apartments own private terrace.

This fantastic apartment comes with allocated parking, essential for city centre living. With astonishing views, early inquiries are encouraged to avoid disappointment!

Located close to Oxford Train Station, bars and restaurants this penthouse apartment is in a hotspot of Manchester City Centre! Has fantastic transport links to Media City & Salford Quays and the M60 & M62

Financial Breakdown

Gross rent: £21,000
Ground rent: £430
Service charge: £3,664
Lettings fees: £2,016
Net income: £14,889
Gross yield: 4.94%
Net yield: 3.5%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-11636

 

Local info for M1

 

Property Value Data/Graphs for M1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 99% £293,980 1.8 1.2
Town house 0.4% £524,998 3 2.5
Studio 0.4% £77,500 0 0.5
Other 0.2% £360,524 2 0

Area Information

Average Price Paid

£197,314

Sales

1667

Current Average Value

£294,162

Value Change

£96,848 49.1%

 

Current Asking Prices in M1 Average: £294,162

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £355,262 (2) - £699,995 (1) -
Flats £165,062 (179) £276,834 (280) £772,981 (58) £389,000 (1) -
All £165,062 (179) £277,390 (282) £772,981 (58) £544,498 (2) -

Nearby Properties

2 bed Semi-detached house () Kingsway, Bredbury, Stockport, Cheshire SK6 £160,000
4 bed Detached house () "Hertford" at Stanneylands Road, Wilmslow SK9 £534,500
4 bed Detached house () "Bradgate" at Stanneylands Road, Wilmslow SK9 £619,500
4 bed Detached house () "Avondale" at Stanneylands Road, Wilmslow SK9 £644,500
4 bed Detached house () "Drummond" at Stanneylands Road, Wilmslow SK9 £584,500
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